Remove Auto Remove Automobile Remove Cash For Clunkers Remove MPG
article thumbnail

Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. A first wave occurred in the 1990s, followed by a spate of current schemes to stimulate domestic auto industries in the face of the economic crisis.

article thumbnail

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Monthly new vehicle market share for hybrids. Click to enlarge. to 997,824 units, according to summary figures from AutoData. Passenger car sales dropped 10.6% to 443, 297 units.